PLANTATION VILLAGE INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- PLANTATION VILLAGE INC (EIN 56-1345076)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-08-17
- IRS object ID
- 201522299349303677
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-08-17T15:05:16-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NORTH 3RD STREET FIFTH FLOOR | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561345076 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTATION VILLAGE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PLAN | BusinessNameControlTxt |
| Phone | 9106867181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 PORTERS NECK ROAD | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28405 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JIM MEYERS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9106867181 | PhoneNum |
| Signature | 2015-08-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HC CRAFT III CPA | PreparerPersonNm |
| PTIN | P00409497 | PTIN |
| Phone | 9107629671 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JIM MEYERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 PORTERS NECK ROAD | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28405 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,185,904 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PLANTATIONVILLAGERC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1982 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | OPERATE A LIFE CARE FACILITY WHICH PROVIDES HOUSING, SUPPORT SERVICES, HEALTH CARE AND FINANCIAL SECURITY TO THE ELDERLY OCCUPANTS OF THE CENTER DURING THEIR LIVES AT THE LOWEST COST. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 190 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $89,604 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,480 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $12,667,642 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,943,786 | CYProgramServiceRevenueAmt |
| PY Investment Income | $131,692 | PYInvestmentIncomeAmt |
| CY Investment Income | $145,223 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $12,888,938 | PYTotalRevenueAmt |
| CY Total Revenue | $13,091,489 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,902,499 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,096,076 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,281,499 | PYOtherExpensesAmt |
| CY Other Expenses | $7,932,975 | CYOtherExpensesAmt |
| PY Total Expenses | $11,183,998 | PYTotalExpensesAmt |
| CY Total Expenses | $12,029,051 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,704,940 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,062,438 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $34,300,528 | TotalAssetsBOYAmt |
| Total Assets EOY | $46,291,015 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $26,082,221 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $50,541,319 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,218,307 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$4,250,304 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF PLANTATION VILLAGE IS TO PROVIDE A CONTINUING LIFE CARE FACILITY IN A DYNAMIC COMMUNITY THAT PROMOTES SECURITY, WELLNESS AND INDEPENDENCE WITH DIGNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,727,692 | ExpenseAmt |
| Revenue | $12,911,856 | RevenueAmt |
| Desc | OPERATE A LIFE CARE FACILITY TO PROVIDE HOUSING, SUPPORT SERVICES, HEALTH CARE AND FINANCIAL SECURITY TO ELDERLY PERSONS. | Desc |
| Total Program Service Expenses | $9,727,692 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 31 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 190 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LORRAINE HART | PersonNm |
| Phone | 9107723114 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 PORTERS NECK RD | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28405 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| JACK FULLER | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID SIMS | ||||||
| SECRETARY | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JIM MEYERS | ||||||
| TREASURER | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| KAREN ROOT | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| CHARLES BROOKS | ||||||
| VICE PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| TERRY HORTON | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| DR DAVID MERTEN | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| RONALD ISYK | ||||||
| PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| KATHERINE OCHSNER | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MIKE NADEAU | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MARYANN NUNNALLY | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| GREGORY WOODWARD | ||||||
| CEO PD BY LIFE CARE SERVIC | 40.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DAVIS HEALTH CARE CENTER | |||||
| 1011 PORTERS NECK ROAD | WILMINGTON | NC | 28411 | ASSISTED LIVING | $1,810,686 |
| CHAMPIONS AT PORTERS NECK | |||||
| 1007 PORTERS NECK ROAD | WILMINGTON | NC | 28411 | ASSISTED LIVING | $1,383,478 |
| LIFE CARE COMPANIES LLC | |||||
| CAPITAL SQUARE 400 LOCUST STREET | DES MOINES | IA | 50309 | MANAGEMENT | $454,307 |
| GREENBRIER DEVELOPMENT LLC | |||||
| 3232 MCKINNEY AVE 1160 | DALLAS | TX | 75204 | ASSISTED LIVING | $288,264 |
| TONY LONGO | |||||
| TONY LONGO CONSTRUCTION 117 WIND | HAMPSTEAD | NC | 28443 | DEVELOPMENT | $218,330 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,480 | AllOtherContributionsAmt |
| Total Contributions | $2,480 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESIDENT SVC FEES | Desc |
| Business | 623990 | BusinessCd |
| Total Revenue Column | $12,943,786 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,943,786 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,943,786 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $177,153 | TotalRevenueColumnAmt |
| Exclusion | $177,153 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,060,910 | SecuritiesAmt |
| Other | $1,575 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,094,415 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$33,505 | SecuritiesAmt |
| Other | $1,575 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$31,930 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$31,930 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,091,489 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,911,856 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $177,153 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,416,401 | TotalAmt |
| Program Services | $2,839,318 | ProgramServicesAmt |
| Management And General | $577,083 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $404,807 | TotalAmt |
| Program Services | $363,799 | ProgramServicesAmt |
| Management And General | $41,008 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,868 | TotalAmt |
| Program Services | $239,922 | ProgramServicesAmt |
| Management And General | $34,946 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $367,284 | TotalAmt |
| Management And General | $367,284 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,619 | TotalAmt |
| Management And General | $15,619 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,575 | TotalAmt |
| Program Services | $106,230 | ProgramServicesAmt |
| Management And General | $42,345 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,447 | TotalAmt |
| Management And General | $255,447 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,174 | TotalAmt |
| Program Services | $541 | ProgramServicesAmt |
| Management And General | $108,633 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,459 | TotalAmt |
| Management And General | $45,459 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $523,301 | TotalAmt |
| Program Services | $523,301 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,722 | TotalAmt |
| Program Services | $3,912 | ProgramServicesAmt |
| Management And General | $8,810 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,690 | TotalAmt |
| Management And General | $27,690 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,415,682 | TotalAmt |
| Program Services | $1,415,682 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $465,657 | TotalAmt |
| Management And General | $465,657 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| NURSING CARE SUPPLIES | $2,982,100 | $2,982,100 | |
| SUPPLIES | $916,150 | $899,902 | $16,248 |
| MAINTENANCE & REPAIRS | $267,419 | $252,850 | $14,569 |
| PROPERTY TAX | $186,428 | $186,428 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,268 | TotalAmt |
| Program Services | $100,135 | ProgramServicesAmt |
| Management And General | $94,133 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,029,051 | TotalAmt |
| Program Services | $9,727,692 | ProgramServicesAmt |
| Management And General | $2,301,359 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $457,135 | BOYAmt |
| EOY | $177,712 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,653,086 | BOYAmt |
| EOY | $5,430,797 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,499 | BOYAmt |
| EOY | $300,591 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,322 | BOYAmt |
| EOY | $30,979 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $372,329 | BOYAmt |
| EOY | $402,691 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $55,780,570 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $19,531,339 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,088,307 | BOYAmt |
| EOY | $36,249,231 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,608,850 | BOYAmt |
| EOY | $3,699,014 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,300,528 | BOYAmt |
| EOY | $46,291,015 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $545,757 | BOYAmt |
| EOY | $818,504 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,820,087 | BOYAmt |
| EOY | $9,658,896 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $9,278,189 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $716,377 | BOYAmt |
| EOY | $30,785,730 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,082,221 | BOYAmt |
| EOY | $50,541,319 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,218,307 | BOYAmt |
| EOY | -$4,250,304 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,218,307 | BOYAmt |
| EOY | -$4,250,304 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,300,528 | BOYAmt |
| EOY | $46,291,015 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,062,438 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $11,773 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$13,542,822 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,212 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,703 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,712 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $89,604 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,480 | CurrentTaxYearAmt |
| Total | $118,711 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,474,338 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,670,743 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,151,909 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,667,642 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,943,786 | CurrentTaxYearAmt |
| Total | $60,908,418 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,481,550 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,682,446 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,159,621 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,757,246 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,946,266 | CurrentTaxYearAmt |
| Total | $61,027,129 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $61,027,129 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $69,359 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,281 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,781 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $93,196 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $177,153 | CurrentTaxYearAmt |
| Total | $379,770 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $69,359 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,281 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,781 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $93,196 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $177,153 | CurrentTaxYearAmt |
| Total | $379,770 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,550,909 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,698,727 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,183,402 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,850,442 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,123,419 | CurrentTaxYearAmt |
| Total | $61,406,899 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99380 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99510 | PublicSupportPY509Pct |
| Investment Income CY | 0.00620 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00490 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $2,480 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $2,254 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $139,401 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,506,235 | OtherCostOrOtherBasisAmt |
| Book Value | $1,506,235 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $50,627,713 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,483,212 | DepreciationAmt |
| Book Value | $34,144,501 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,646,622 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,048,127 | DepreciationAmt |
| Book Value | $598,495 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $36,249,231 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSITS ON UNOCCUPIED UNITS | $758,458 |
| ENTRANCE FEES PAYABLE | $23,836,455 |
| CONSTRUCTION ACCOUNTS PAYABLE | $1,822,633 |
| REFUNDABLE FEES | $4,368,184 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $30,785,730 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $13,101,687 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $11,773 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $11,773 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,089,914 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,575 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,575 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,091,489 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,027,476 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,027,476 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,575 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,575 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $12,029,051 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | FIN 48 FOOTNOTE: IN THE OPINION OF MANAGEMENT, THE COMMUNITY HAS NO UNCERTAIN TAX POSITIONS. THE COMMUNITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | GAIN ON SALE OF FIXED ASSETS RECORDED AS AN EXPENSES ON AUDITED FINANCIALS 1,575. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | GAIN ON SALE OF FIXED ASSETS RECORDED AS AN EXPENSES ON AUDITED FINANCIALS 1,575. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, PART VII, LN 5 | FormAndLineReferenceDesc |
| Explanation | GREGORY WOODWARD, CEO, LISTED ON FORM 990, PART VII, LINE 5 WAS COMPENSATED BY LIFE CARE SERVICES, LLC, AN UNRELATED ORGANIZATION. LIFE CARE SERVICES, LLC PAID GREOGORY WOODWARD COMPENSATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | OPERATIONS ARE HANDLED BY A MANAGEMENT COMPANY, LIFE CARE SERVICES, LLC. THE CEO, GREGORY WOODWARD, WAS PAID BY LIFE CARE SERVICES, LLC IN THE AMOUNT OF $127,048. |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE ORGANIZATION'S FORM 990 IS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY FOR REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ENTITY MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, PART XI, LN 8 | ON JULY 24, 2012 THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED CLARIFYING GUIDANCE ON ACCOUNTING FOR REFUNDABLE ENTRANCE FEES BY CONTINUING CARE RETIREMENT COMMUNITIES. THE GUIDANCE WAS EFFECTIVE IN 2014 AND WAS REQUIRED TO BE APPLIED RETROSPECTIVELY BY RECORDING A CUMULATIVE EFFECT ADJUSTMENT TO OPENING NET ASSETS AS OF THE BEGINNING OF THE EARLIEST PERIOD PRESENTED - 2013. |